Hospitality Faced With Gloom | Puneet Chhatwal of IHCL To ET NOW
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Opening up of the air space is one of the best news in recent times. We need a clear message from state & centre on opening up of hospitality space as well. Nearly 40% of our hotels have been open through the lockdown in some capacity, such as hosting medical staff and for quarantine purposes. There has been no fiscal stimulus, but we believe that policymakers have a better plan for us; expect something to come. Especially since hospitality is the strongest pillar in the making of Atmanirbhar Bharat. This is the right time to declare the tourism sector as an industry; will have access to benefits. IHCL will survive; have access to cash & other revenue streams. Travel will come back with a bang; may take 12-18 months, but will see a return, waiting patiently until then, says Puneet Chhatwal, IHCL Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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